Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Yandex: Unclear Cash Flow Outlook; Trading Suspended (NASDAQ:YNDX)

Современное офисное здание

Pavel Byrkin/iStock Editorial via Getty Images

Introduction

Trading in Yandex (NASDAQ:YNDX) shares on the stock exchange is still suspended. Despite the fact that the company posted a strong 2Q report, I think that the company will face a high level of uncertainty and new risks in future periods. The company’s management refused to provide guidance and canceled the guidance that was published earlier. At the moment, the company has significantly reduced the investment program and focused on…


Source link

About search

Check Also

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news – CNA

Russia's Yandex reports Q1 revenue rise as market awaits spin-off news – CNA

[unable to retrieve full-text content]Russia’s Yandex reports Q1 revenue rise as market awaits spin-off news  CNA …

Leave a Reply

Your email address will not be published. Required fields are marked *